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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Mike Johnston who wrote (46525)12/4/2005 12:59:04 AM
From: Broken_Clock  Read Replies (1) of 110194
 
<<Credit bubble liquidation will occur only after the Fed becomes powerless (out of business). And that will happen when the currency is repudiated by the public ie what they produce will not be accepted as a medium of exchange and becomes totally worthless.

In recent history the Fed has provided increasing amounts of "free" money to the economy.
But something that is free must be worthless, by definition.

Eventually the Fed will be out of business. After all, the Fed cannot print gold, copper, oil or computer chips.>>

Under this type of scenario I believe physical money will become obsolete. The public distrust and fear of "losing everything I've worked for" will allow the ever strengthening fascist globalizers to enact their dream of electronic money and therefore take the final step towards total control of society. Once in place, those that oppose them will simply be deleted from the system. The technology is certainly in place and the Patriot Act allows such an event to be enacted.

Whatever happened to the investigation about all the puts bought on the airline stocks right before 911? That should have taken about 15 minutes for the FBI to call a judge and have him issue a subpoena for the brokerage records.
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